Monday, June 28, 2010

Accumulate: Unity Infraprojects Ltd.

Accumulate Unity Infraprojects Ltd. at CMP (Rs. 110) with a target of Rs. 140+ in 4-6 weeks.
Technically, the scrip is currently trading just above its 50 day EMA. Scrip has very strong support at 101, which is its 200 day EMA. Scrip is very strong above 116 and likely to cross 140 once it closes above 116.

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